Linen Solutions: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Linen Solutions
Largest movements
- Tangible fixed assets +€739,148
up €739,148 (+151%), from €490,500 to €1.2m
of which Land and buildings: +€726,281
- Receivables within one year +€415,420
up €415,420 (+14.7%), from €2.8m to €3.2m
of which Other amounts receivable: +€513,430
- Current investments +€80,790
up €80,790 (+21.9%), from €369,523 to €450,314
- Reserves +€1.4m
up €1.4m (+30.5%), from €4.6m to €6.0m
- Tax, wage and social debts -€74,242
down €74,242 (-19.2%), from €387,137 to €312,894
of which Taxes: -€76,342
- Depreciation +€51,985
up €51,985 (+76.4%), from €68,044 to €120,029
- Financial income -€44,247
down €44,247 (-4.4%), from €1.0m to €965,734
- Taxes -€30,069
down €30,069 (-7.5%), from €403,127 to €373,058
- Gross operating margin -€27,126
down €27,126 (-2.8%), from €965,485 to €938,359
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,423,093 | €6,739,875 | +€1.3m | +24.3% |
| Fixed assets | 21/28 | €2,208,831 | €3,007,980 | +€799,148 | +36.2% |
| Tangible fixed assets | 22/27 | €490,500 | €1,229,648 | +€739,148 | +151% |
| Land and buildings | 22 | €407,256 | €1,133,537 | +€726,281 | +178% |
| Plant, machinery and equipment | 23 | - | €23,858 | +€23,858 | |
| Furniture and vehicles | 24 | €15,540 | €13,448 | -€2,092 | -13.5% |
| Other tangible fixed assets | 26 | €67,704 | €58,804 | -€8,899 | -13.1% |
| Financial fixed assets | 28 | €1,718,332 | €1,778,332 | +€60,000 | +3.5% |
| Current assets | 29/58 | €3,214,262 | €3,731,896 | +€517,634 | +16.1% |
| Amounts receivable within one year | 40/41 | €2,833,753 | €3,249,173 | +€415,420 | +14.7% |
| Trade receivables | 40 | €98,010 | €0 | -€98,010 | -100% |
| Other amounts receivable | 41 | €2,735,743 | €3,249,173 | +€513,430 | +18.8% |
| Current investments | 50/53 | €369,523 | €450,314 | +€80,790 | +21.9% |
| Cash at bank and in hand | 54/58 | €6,695 | €26,275 | +€19,580 | +292% |
| Deferred charges and accrued income | 490/1 | €4,291 | €6,134 | +€1,844 | +43.0% |
| Total equity and liabilities | 10/49 | €5,423,093 | €6,739,875 | +€1.3m | +24.3% |
| Equity | 10/15 | €4,922,382 | €6,313,568 | +€1.4m | +28.3% |
| Contributions | 10/11 | €362,500 | €362,500 | = | 0.0% |
| Reserves | 13 | €4,559,882 | €5,951,068 | +€1.4m | +30.5% |
| Distributable reserves | 133 | €4,559,882 | €5,951,068 | +€1.4m | +30.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €500,711 | €426,307 | -€74,404 | -14.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €500,711 | €426,307 | -€74,404 | -14.9% |
| Financial debts | 43 | €63,380 | €84,049 | +€20,669 | +32.6% |
| Credit institutions | 430/8 | €63,380 | €84,049 | +€20,669 | +32.6% |
| Trade debts | 44 | €4,989 | €4,105 | -€885 | -17.7% |
| Suppliers | 440/4 | €4,989 | €4,105 | -€885 | -17.7% |
| Taxes, remuneration and social security | 45 | €387,137 | €312,894 | -€74,242 | -19.2% |
| Taxes | 450/3 | €386,987 | €310,644 | -€76,342 | -19.7% |
| Remuneration and social security | 454/9 | €150 | €2,250 | +€2,100 | +1,400% |
| Other amounts payable | 47/48 | €45,205 | €25,259 | -€19,945 | -44.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,044 | €120,029 | +€51,985 | +76.4% |
| Other operating charges | 640/8 | €3,505 | €5,307 | +€1,802 | +51.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €965,485 | €938,359 | -€27,126 | -2.8% |
| Operating profit (loss) | 9901 | €893,936 | €813,023 | -€80,913 | -9.1% |
| Financial income | 75/76B | €1,009,981 | €965,734 | -€44,247 | -4.4% |
| Recurring financial income | 75 | €1,009,981 | €965,734 | -€44,247 | -4.4% |
| Financial charges | 65/66B | €18,380 | €14,513 | -€3,867 | -21.0% |
| Recurring financial charges | 65 | €18,380 | €14,513 | -€3,867 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €1,885,538 | €1,764,244 | -€121,294 | -6.4% |
| Income taxes | 67/77 | €403,127 | €373,058 | -€30,069 | -7.5% |
| Profit (loss) for the period | 9904 | €1,482,410 | €1,391,186 | -€91,224 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,482,410 | €1,391,186 | -€91,224 | -6.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.